American Films Inc. (OTCMKTS:AMFL) CEO Geoff Lee Assumes Leadership Role in Vital4 Advisory Board
American Films, Inc. (OTCMKTS:AMFL) made an announcement on April 11, 2022, about the appointment of Geoff Lee, President and Chief Executive Officer, to the Vital4 Advisory Board. Vital4 is one of the leading names in providing global corporate risk and compliance technology solutions to protect against financial crimes, terrorism, bribery and corruption.
Market Stats
On Monday, AMFL stock moved down 12.34% to $1.35 with more than 12K shares, compared to its average volume of 9k shares. The stock moved within a range of $1.0701 – 1.5000 after opening trading at $1.50.
American Films is well-known for its unique proprietary processes and technology, which include FACTERRA, a web-based evidence gathering program that identifies instances of copyright infringement and allows American Films to pursue intellectual property protection litigation on behalf of copyright owners.
Kristin Stafford, stated that she, along with her co-founder Amy Barbieri, have been closely associated with Geoff Lee over the course of many years. All of them have been extremely active in the global data and background screening industry for decades, which is why they brought him on as an advisor at Vital4.
Geoff Lee has over 30 years of experience in domestic and international data security and compliance, which will be a valuable asset for the company. He is equally thrilled to come on board at Vital4. He commented that the expansion of their global footprint in the fight copyright infringement and piracy requires collaborating with established partners, such as Vital4 and their team of experts.
Key Quote
“As we continue to expand our global footprint in the fight against copyright infringement and piracy, it is critical to align ourselves with established partners. I am honored to join the advisory board at Vital 4 and support their team of experts,” said Geoff Lee.
Traders Corner
AMFL stock is trading above the 20-Day and 50-Day Moving averages of 1.72 and $1.66 respectively. However, the stock is trading below the 200-Day moving average of $1.66.